Fairfax Financial (FFH) to Release Earnings on Thursday

Fairfax Financial (TSE:FFH - Get Free Report) is scheduled to be releasing its earnings data after the market closes on Thursday, May 2nd. Analysts expect Fairfax Financial to post earnings of C$61.92 per share for the quarter.

Fairfax Financial (TSE:FFH - Get Free Report) last announced its quarterly earnings data on Thursday, February 15th. The company reported C$71.98 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$81.40 by C($9.42). Fairfax Financial had a return on equity of 20.09% and a net margin of 13.76%. The company had revenue of C$9.40 billion for the quarter, compared to the consensus estimate of C$10.25 billion.

Fairfax Financial Stock Up 1.5 %

Shares of Fairfax Financial stock traded up C$21.83 on Monday, reaching C$1,508.03. 28,453 shares of the company were exchanged, compared to its average volume of 80,544. Fairfax Financial has a one year low of C$910.44 and a one year high of C$1,563.49. The company has a 50-day moving average of C$1,471.83 and a 200 day moving average of C$1,322.58. The company has a current ratio of 6.07, a quick ratio of 0.93 and a debt-to-equity ratio of 38.98. The company has a market capitalization of C$33.39 billion, a price-to-earnings ratio of 6.34, a PEG ratio of 0.27 and a beta of 0.86.

Insider Transactions at Fairfax Financial

In related news, insider Andrew Barnard sold 2,572 shares of the firm's stock in a transaction on Friday, March 15th. The stock was sold at an average price of C$1,120.68, for a total value of C$2,882,388.96. In related news, insider Andrew Barnard sold 2,572 shares of the firm's stock in a transaction on Friday, March 15th. The stock was sold at an average price of C$1,120.68, for a total value of C$2,882,388.96. Also, Director F. Brian Bradstreet sold 1,000 shares of Fairfax Financial stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of C$1,468.47, for a total value of C$1,468,470.00. Over the last 90 days, insiders bought 190 shares of company stock valued at $273,877 and sold 4,572 shares valued at $5,835,859. Insiders own 3.63% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on FFH shares. Cormark increased their price target on Fairfax Financial from C$1,600.00 to C$1,800.00 in a research note on Thursday, April 18th. National Bankshares increased their price target on Fairfax Financial from C$1,800.00 to C$2,000.00 and gave the company an "outperform" rating in a research note on Friday, January 26th. BMO Capital Markets increased their price target on Fairfax Financial from C$1,550.00 to C$1,650.00 and gave the company an "outperform" rating in a research note on Tuesday, February 20th. CIBC increased their price target on Fairfax Financial from C$1,700.00 to C$2,000.00 in a research note on Wednesday, March 13th. Finally, Scotiabank increased their price target on Fairfax Financial from C$1,900.00 to C$2,000.00 in a research note on Friday. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Fairfax Financial has a consensus rating of "Buy" and an average target price of C$1,775.00.

Fairfax Financial Company Profile

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.